Ref your questions, I am not a lawyer but I will answer from my understanding.
My responses are highlighted in your text below.
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Belize Oilwatch, do you have to have a license, concession, or an agreement with the Belize government to drill and ship oil from a well in Belize? Yes What happens if Treaty strikes oil and the court hearing upholds the earlier injunction and adds Treaty Energy to it? I guess they would lose their rights to it - as would Princess who own 50% Does the government of Belize own all the mineral rights to land there or does each property owner own whatever they find? Government of Belize Does the Belize government own the land SJ 3 is on or is it privately owned. SJ 1 &2 were on private land, I guess SJ 3 is too.
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And I have a few other things to add here:
- Treaty are drilling ONSHORE in a concession that was described as OFFSHORE and as such declared Null and Void in the legal judgement with an injunction granted against a Minister of the Government of Belize to stop work. [Fact] This might cause some issues for the legal people and a dilemma for the environmentalists. [Opinion] As Charles Dickens said in Oliver Twist "Sometimes the law is an ass"!
- Before the injunction, Treaty were doing a good job drilling SJ 3 here to International Standards. [Opinion based on what I saw with my own eyes]
- It is technically and morally wrong to leave SJ 3 shut-in with open hole while the various legal teams battle it out - as this compromises the integrity and value of the well. [Opinion based on experience and the fact that SJ 2 collapsed when left shut-in with open hole earlier]
